Well..... they have been sold with not much more inventory coming on the market for buyers to choose from.

From January 2008 through April 2008 time period 175 homes were sold.  $65,000 was the lowest price and $620,000 was the highest.  Median price was $261,000.  All information is from Bay Area Real Estate Information dated 5/2/09.

From January 2009 through April 2009, 725 homes have sold.  The lowest price was $23,000 (price of a car and life expectancy is longer!) and the highest price home sold was $495,000.  The median price was $120,000.

WOW, more than a 50% drop in median price.

As of 5/2/2009 there were 152 foreclosures for sale.  You do the math, not a whole lot of inventory to choose from!!

There are homes coming on the market every day, just not as many as last year.  Now is the time with interest rates low, for buyers to jump in and still get some great deals.  Let a Realtor help you find the best home to meet your needs.